ZipRecruiter (ZIP) CEO reports multiple planned share sales at ~$5.11–$5.29
Rhea-AI Filing Summary
ZipRecruiter insider sale summary: Ian H. Siegel, CEO, director and co-trustee of the Siegel Family Trust, reported multiple sales of Class A common stock under a Rule 10b5-1 trading plan adopted September 9, 2024. The Form 4 shows sales of 22,762 shares on 09/18/2025 at a weighted-average price of $5.2938, 9,722 shares on 09/19/2025 at $5.2068, and 9,722 shares on 09/22/2025 at $5.1103. The filing discloses that the sold shares were held in the Siegel Family Trust, of which Mr. Siegel and Rochelle Siegel are co-trustees, and provides price ranges for the multiple transactions that composed each weighted average.
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Insights
TL;DR: Insider sales were executed via a pre-established 10b5-1 plan; disclosed weighted-average prices and post-sale holdings are provided.
The Form 4 documents systematic disposition of Class A shares by the CEO under a Rule 10b5-1 plan adopted 09/09/2024, which reduces his reported beneficial holdings on the dates listed. The filing gives weighted-average prices and explicit price ranges for the multiple transactions that make up each reported sale, supporting transparency about execution. The sales reduce reported beneficial ownership levels shown after each trade, which investors may view as dilution of insider share concentration but are disclosed as planned transactions rather than ad hoc sales.
TL;DR: Transactions followed a documented 10b5-1 plan and include trustee disclosure; filing meets standard disclosure practices.
The reporting person checked the box indicating the trades were pursuant to a 10b5-1 plan and included the plan adoption date. The Form 4 also identifies the Siegel Family Trust and co-trustee relationship, clarifying indirect ownership. The disclosure of weighted-average prices and price ranges for the multiple transactions enhances compliance transparency. There is no indication in this filing of opportunistic or undisclosed trading outside the plan.